NSE CEO Ashish Chauhan: Electricity Derivatives Now Trading On Indian Terms And Indian Platforms

India has launched electricity derivatives to provide a regulated platform for power producers and industrial buyers to hedge against price volatility. At the NSE Electricity Futures launch, NSE CEO Ashishkumar Chauhan highlighted the significance of this move, calling it a step forward “on Indian terms and through Indian means.” Since its launch on July 14, over 20,000 lots have been traded across three contract months, reflecting strong early interest. This marks a milestone for India’s power market, aligning with global practices. Commodity exchange MCX has also introduced similar contracts, expanding the country’s toolkit for energy risk management and market efficiency.